Solutions to Long Term Challeneges
Challenge Our client came to us looking for advice regarding his family business which he and his spouse currently own 50/50. They have four children, two that are involved in the family business and two that are not. They are both 55 years old and are looking to retire by 65. The family would like to be able to: Retire by age 65 Transfer or gift shares of the family business to the two children that are involved Treat the two c hildren that are not involved in the busines